Aemetis Correlations
| AMTX Stock | USD 1.47 0.03 2.08% |
The current 90-days correlation between Aemetis and Gran Tierra Energy is 0.16 (i.e., Average diversification). The correlation of Aemetis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Aemetis Correlation With Market
Good diversification
The correlation between Aemetis and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aemetis and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Aemetis Stock
Moving against Aemetis Stock
| 0.46 | CLZ | Ampol Limited | PairCorr |
| 0.44 | 4QVA | Siamgas and Petroche | PairCorr |
| 0.32 | ALTO | Alto Ingredients | PairCorr |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Aemetis Stock performing well and Aemetis Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Aemetis' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GTE | 3.63 | 0.66 | 0.08 | (0.32) | 4.78 | 8.24 | 23.69 | |||
| DLNG | 1.21 | 0.07 | 0.00 | 0.95 | 1.35 | 2.44 | 7.89 | |||
| SPWR | 2.67 | (0.43) | 0.00 | (0.14) | 0.00 | 6.47 | 14.75 | |||
| ANNA | 3.96 | 0.03 | (0.01) | (0.12) | 4.65 | 7.55 | 18.39 | |||
| SAFX | 9.69 | (0.62) | 0.00 | 1.96 | 0.00 | 22.22 | 150.95 | |||
| FTCI | 3.60 | (0.35) | 0.00 | (0.06) | 0.00 | 8.92 | 21.87 | |||
| BOOM | 3.01 | 0.15 | 0.02 | 0.27 | 6.77 | 6.37 | 41.11 | |||
| KGEI | 2.10 | (0.04) | 0.00 | (0.09) | 0.00 | 4.09 | 11.70 | |||
| ZEO | 4.70 | 0.42 | 0.03 | (0.12) | 5.18 | 10.77 | 51.18 |
Aemetis Corporate Executives
Elected by the shareholders, the Aemetis' board of directors comprises two types of representatives: Aemetis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aemetis. The board's role is to monitor Aemetis' management team and ensure that shareholders' interests are well served. Aemetis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aemetis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Todd CPA | Executive CFO | Profile | |
| Todd Waltz | CFO, Executive VP and Secretary | Profile |